TRX Stock Chart & Stats
$1.23
<$0.01(0.49%)
At close: 4:00 PM EDT
$1.23
<$0.01(0.49%)
Day’s Range― - ―
52-Week Range$0.35 - $2.80
Previous CloseN/A
Volume785.60K
Average Volume (3M)1.46M
Market Cap
$403.61M
Enterprise Value$566.47
Total Cash (Recent Filing)$37.07M
Total Debt (Recent Filing)$6.89M
Price to Earnings (P/E)―
Beta0.73
Next Earnings
Nov 27, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding328,325,160
10 Day Avg. Volume1,494,638
30 Day Avg. Volume1,457,963
Financial Highlights & Ratios
PEG Ratio-0.65
Price to Book (P/B)2.01
Price to Sales (P/S)1.97
P/FCF Ratio44.71
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$2.35Price Target Upside91.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)<0.01
Revenue Forecast (FY)$130.54M
Bulls Say, Bears Say
Bulls Say
Revenue Growth And Improving Gross MarginsRevenue growth alongside materially higher gross margins indicates stronger operating economics and product execution. If sustained, the improvement can support higher cash generation and provide a more durable foundation for funding exploration and development.
Strong Cash Generation And Low LeverageStrong operating cash flow and minimal leverage give TRX financial flexibility to fund its expansion without relying heavily on new debt. Positive free cash flow, despite substantial reinvestment needs, supports liquidity and reduces balance-sheet risk.
Production Expansion And Operational ImprovementHigher throughput, production and recovery demonstrate improving plant performance and create operating leverage. The ordered 3.5 ktpd mill and planned upgrades could expand capacity, lower unit costs and support a larger production base over time.
Bears Say
Sizable Net Loss And Negative Return On EquityThe reported net loss shows that operating improvements have not yet translated into consistent bottom-line profitability. Persistent below-the-line costs or other charges could weaken capital compounding and make future expansion more dependent on operating execution.
Expansion Execution And Capital-spending RiskThe expansion could materially improve scale, but a large construction and ramp-up program creates schedule, cost and commissioning risks. Delays or slower ore supply growth could postpone benefits while increasing funding needs and temporarily reducing returns on invested capital.
Unresolved Government JV Negotiations And Cost PressureAn unresolved JV framework introduces political, fiscal and timing uncertainty around the project structure. Meanwhile, elevated reagent-driven processing costs can suppress margins until upgrades stabilize, creating combined risks to economics, ownership terms and planning visibility.
Tanzanian Royalty Exploration News
TRX FAQ
What was Tanzanian Royalty Exploration’s price range in the past 12 months?
Tanzanian Royalty Exploration lowest stock price was $0.35 and its highest was $2.80 in the past 12 months.
What is Tanzanian Royalty Exploration’s market cap?
Tanzanian Royalty Exploration’s market cap is $403.61M.
When is Tanzanian Royalty Exploration’s upcoming earnings report date?
Tanzanian Royalty Exploration’s upcoming earnings report date is Nov 27, 2026 which is in 89 days.
How were Tanzanian Royalty Exploration’s earnings last quarter?
Tanzanian Royalty Exploration released its earnings results on Jul 15, 2026. The company reported $0.015 earnings per share for the quarter, missing the consensus estimate of $0.035 by -$0.019.
Is Tanzanian Royalty Exploration overvalued?
According to Wall Street analysts Tanzanian Royalty Exploration’s price is currently Undervalued.
Does Tanzanian Royalty Exploration pay dividends?
Tanzanian Royalty Exploration does not currently pay dividends.
What is Tanzanian Royalty Exploration’s EPS estimate?
Tanzanian Royalty Exploration’s EPS estimate is 0.03.
How many shares outstanding does Tanzanian Royalty Exploration have?
Tanzanian Royalty Exploration has 328,325,160 shares outstanding.
What happened to Tanzanian Royalty Exploration’s price movement after its last earnings report?
Tanzanian Royalty Exploration reported an EPS of $0.015 in its last earnings report, missing expectations of $0.035. Following the earnings report the stock price went down -6.971%.
Which hedge fund is a major shareholder of Tanzanian Royalty Exploration?
Currently, no hedge funds are holding shares in TRX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tanzanian Royalty Exploration Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$2.35 (91.06% Upside)
$2.35 (91.06% Upside)
Blogger Sentiment
Bullish
TRX Sentiment 100%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Increased
By 11.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $11.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
105.26%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
55.00%
Trailing 12-Months
Company Description
Tanzanian Royalty Exploration
TRX Gold Corporation is engaged in the exploration, development, and production of mineral resources, operating exclusively within Tanzania. Its core asset is the Buckreef Gold Project, also situated in Tanzania. The company, originally established in 1990, rebranded from Tanzanian Gold Corporation to TRX Gold Corporation in May 2022. Its corporate headquarters are located in Oakville, Canada.
TRX Company Deck
TRX Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents strong operational and financial momentum: record quarterly throughput and production, materially improved recoveries, record quarterly adjusted EBITDA, healthy cash and working capital, an active exploration program with multiple targets and a funded expansion plan that should drive meaningful scale and NAV uplift. The primary negatives are external/market-related (weak share price and sector valuation compression, potential trading/market-making dynamics) plus standard execution and timing risks associated with a major mill expansion, government JV negotiations, and short-term elevated processing costs. On balance, operational and financial positives are substantial and addressable risks are manageable, supporting an overall constructive view.View all TRX earnings summariesTRX Stock 12 Month Forecast
Average Price Target
$2.35
▲(91.06% Upside)
Technical Analysis
Ownership Overview
2.43% Insiders
<0.01% Mutual Funds
0.44% Other Institutional Investors
96.72% Public Companies and
Individual Investors